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China: CITY FOCUS: Chinese drive to conquer world

To everyone’s surprise, the richest man in China this year is Wang Chuanfu, a 43-year-old former government research scientist from the southern city of Shenzhen.

Wang, who topped the Forbes Rich List, with a £3.49bn fortune, quit the public sector 14 years ago to found BYD, or Build Your Dreams.

In a striking example of how Chinese companies are becoming increasingly hi-tech, BYD, which started making mobile phone batteries for the likes of Nokia, now wants to conquer the world with its electric and hybrid cars.

dailymail.co.uk

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